France
Capital: Paris.
Official languages: French.
Currency: euro.
Company registration provides the following benefits:
- Possibility of obtaining a temporary residence permit using a merchant card.
- Simplified procedure for opening a company.
- Favorable environment for doing business.
France is a country in Western Europe with access to the Atlantic Ocean and the North and Mediterranean Seas. It has land borders with Belgium, Luxembourg, Germany, Switzerland, Italy, Spain and Andorra.
France is a developed European jurisdiction with a high level of solvency of the population, which creates favorable conditions for starting a business. Providing computer services, opening supermarkets and selling alcohol are considered the TOP profitable areas in the country. Businessmen are less likely to carry out real estate transactions and open industrial enterprises.
Features of taxation and reporting
Mandatory annual reporting. There is no requirement to conduct a mandatory audit.
- Corporate tax: 37%.
- Capital Gains Tax: Typically calculated at the corporation tax rate.
- Royalty tax: 33.3%.
- Standard VAT rate: 23%.
Company registration
Time frame for company registration: 2-3 weeks.
The most common form for registering a company in France is SARL (Société À Responsabilité Limitée) - Simple Joint Stock Company and SAS (Société par actions simplifiée) - Limited Liability Company.
You can also focus on EURL (Entreprise unipersonnelle à responsabilité limitée) - this is an analogue of an LLC with one founder; or SCI (Société civile immobilière) - Real estate company.
To register a company remotely, you will need to provide the following information:
- Choosing a company name: three options are required.
- The personal presence of the director in Paris is required upon registration.
- Notarized copies of ID for all participants.
- A document confirming the residence address of all participants with notarization.
- In some cases, a certificate of no criminal record from the director may be required.
A quick guide to registering a company in France:
To quickly register a SARL or SAS, contact IT-OFFSHORE specialists. The cost of our services includes:
- Preparation of documents (collection, filling, notarization, etc.).
- Company registration.
- Payment of all government fees.
- Registration agent services for 1 year with the possibility of extension.
- Translation services.
- Delivery of registration documents to any address.
The bottom line
Registration of a company in France has its advantages for entrepreneurs, but correct adherence to procedures and provision of necessary documents are essential for successful registration and further legal functioning of the company in this financial center.
We recommend that you seek advice from qualified IT-OFFSHORE consulting specialists who have experience working with this jurisdiction and will be able to register your company in France in the shortest possible time.
We offer not only legal support for company registration, but also a wide range of services, which includes accounting services, nominee services, and full support of the company after its registration; Thus, we provide full year-round service to your company.
